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【$SUPER Signal】Short squeeze continues; pullbacks are an opportunity to go long
$SUPER 4H timeframe breaks above the Bollinger upper band with increased volume; RSI surges to 85.11, and early signs of a buying order gap appear. But with a negative funding rate of -1.49% and OI staying stable, the bears are still being squeezed. The 1H timeframe shows a pullback with reduced volume back to the EMA20 structure, and a right-side confirmation signal appears.
🎯 Direction: Long
⚡ Entry: Buy in batches within the 0.1233 - 0.1239 range
🛑 Stop Loss: Below 0.1180
🚀 Target 1: 0.1476
🚀 Target 2: 0.1594
🛡️ Trade Management:
- Execution strategy: At Target 1, cut the position by half; move the stop loss up to the entry level. If the price drops back into the entry zone, exit immediately and stay on the sidelines to observe.
4H MACD histogram bars are strongly expanding, and bullish momentum has not waned. Even though RSI is dulling in the high zone, funding is deeply negative, and open interest has not fallen, indicating the short squeeze logic is still ongoing. In the order book, frantic order cancellations are happening, with a clear intention of a main-force shakeout. With volatility at this level, the risk-reward ratio is above 4:1—worth a try. The 0.1180 level is the low point of the body of the previous 4H candlestick; if it breaks, the structure will be damaged.
View real-time market 👇 $SUPER
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